Spark pays dividends on a semi-annual basis. A 100% imputed ordinary dividend of 13.5 cents per share was declared for H2 FY23. Total FY23 dividends declared of 27.0 cps, an increase of 2 cps vs. FY22.
Spark has guided to a total FY24 dividend of 27.5cps 100% imputed (subject to no adverse change in operating outlook).
*Based on the exchange rate at 10 August 2023 of NZ$1 to US$0.6022 and a ratio of five ordinary shares per one American Depositary Share. The actual exchange rate used for conversion is determined in the week prior to payment when Bank of New York Mellon performs the physical currency conversion.
**Supplementary dividends are paid to non-resident shareholders.